Baz Khan（学）;徐德义Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies

发布人：陈永佳发布时间：2023-09-15 点击次数：

Baz Khan（学）;徐德义Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies.

我校英国威廉希尔公司Baz Khan在T1级别期刊——《Energy》上发表题为“Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies”。论文第一作者Baz Khan为英国威廉希尔公司博士后。

Abstract / 摘要：

Mineral resources can contribute to economic, energy, and climate goals by expanding critical minerals used in advanced technology. However, mineral complexity influences the sustainability of achieving these goals. In this study, we investigate the mineral complexity and fossil fuel impact on economic growth, examining 21 emerging Asian economies from 2000 to 2018 using the panel cross-sectional autoregressive distributed lag and vector autoregressive causality. The findings indicate that mineral complexity impedes economic growth in the long and short run. In contrast, foreign direct investment and capital are positively associated with long-term economic growth. The empirical outcomes showed a unidirectional causality between fossil fuels and economic growth, suggesting that fossil fuels are essential for sustainable economic growth. This study also investigates a unidirectional causality between economic growth and the exogenous variables, running from mineral complexity, foreign direct investment, and capital to economic growth. The findings suggest that mineral complexity, including supporting factors, contributes to sustainable economic growth. The findings illustrate the significance of understanding the critical minerals, global value chain, and capital for sustainable growth policies.

论文信息;

Title/题目:

Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies

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Baz Khan（学）;徐德义Effect of mineral resource complexity and fossil fuel consumption on economic growth: A new study based on the product complexity index from emerging Asian economies